Saudi Arabia

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Umm Al Qura Cement appoints chairman

Umm Al Qura Cement appoints chairman

Saudi Arabia’s Umm Al Qura Cement Co has appointed Abdullah Abdulaziz Suleiman Alabdulatif as its chairman. The board also appointed Saud Mahamed Ali Al Sabhan as vice-chairman,...

Saudi Cement announces new board member

Saudi Cement announces new board member

Saudi Cement Co has announced the resignation of board member Mohammad Sulaiman Balghonaim and the appointment of Mansour Mohammed Balghonaim as a member of the board to complet...

Arabian Cement sees 49% surge in profit

Arabian Cement sees 49% surge in profit

Saudi Arabia’s Arabian Cement Co has seen a 48.5 per cent YoY surge in net profit to SAR67m (US$17.87m) in the first quarter of 2021, up from SAR45.1m in the 1Q20. Sales increas...

Yanbu Cement sees revenue increase 5%

Yanbu Cement sees revenue increase 5%

Saudi Arabia’s Yanbu Cement has reported a 5.4 per cent rise in revenue to SAR292.4m (US$77.97m) for the first quarter of 2021, compared to SAR277.4m in the year-ago period. How...